South Korea’s shipowners’ association said penalties imposed by regulators would damage the country’s link to the global supply chain and lead large foreign carriers to avoid South Korean ports.
NYK Volunteers Participate in Revitalization Activities in Area Devastated by the Great East Japan Earthquake
Yoichi Hasegawa, President of Taiyo Nippon Kisen Co., Ltd. receives Doctor Honoris Causa From Bulgarian Nikola Y. Vaptsarov Naval Academy
Trade Tech to Host Seminar Series With NACCS to Help Shipping Community Prepare for Japan’s New 24-Hour Rule
31 May 2022
ONE’s order of 10 new ships designed to run on alternative fuels is part of the Singapore-based carrier’s $20 billion plan to overhaul its fleet.
09 May 2022
The latest newbuild order from Japan’s MOL continues a flurry of vehicle carrier orders made in the last month that will result in a bigger — and greener fleet — global fleet.
28 Apr 2022
Singapore-based ONE reported its third consecutive year of profitability during which flat volume was massively offset by rising rates and 100 percent utilization on major trade lanes.
23 Feb 2022
Reduced trans-Pacific connectivity has become particularly acute for shippers in South Korea and Japan who have seen carriers omit calls or drop sailings as they seek to maintain or restore schedule reliability on mainline services.
08 Feb 2022
The falling level of connectivity from Japan and South Korea to North America has led shippers to use short-sea services to China, where cargo is transshipped to mainline trans-Pacific services.
02 Aug 2021
Ocean Network Express reported 100 percent utilization on its major trades out of Asia, with the rising rate levels contributing to significantly improved profitability.
23 Apr 2021
Panasonic’s acquisition of widely used supply chain solutions provider Blue Yonder will give the software company broader reach into Asia and connected device data.
12 Apr 2021
MSC has thrown its hat into the Asia-Europe rail ring, offering an intermodal connection that mirrors the sea-air service launched by Maersk two years ago.
01 Mar 2021
The way container shipping contracts are structured between shippers and carriers has left both parties with greater exposure to the highly disrupted market.
09 Feb 2021
Efforts to advance an Indian joint venture at Sri Lanka’s Colombo port have stalled because of port labor unions, though some believe the recent flare-up of border issues between India and China is also a factor.
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